Some economists have noted that throughout recent U.S.history,as the occurrence of sun spots has increased,so has the rate of overall inflation.If any of these economist based this observation on a short-term forecast of inflation,he/she would be:

Question

Quizplus · Accepted Answer

The economist would be committing the error of interpreting association as causation. Just because two variables (sun spots and inflation) are correlated does not necessarily mean that one causes the other. There may be other confounding factors that are causing both variables to change simultaneously.

Some Economists Have Noted That Throughout Recent U